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Key Trends Influencing the Growth of the Complete Blood Count Device Market in 2025: Advancements In Compact Hematology Analyzers For Point-Of-Care Testing
Complete Blood Count Device
What Is the Expected CAGR for the Complete Blood Count Device Market Through 2025?
In recent times, the comprehensive blood count device market has seen robust growth. It is projected to increase from a size of $4.11 billion in 2024 to $4.33 billion in 2025, showcasing a compound annual growth rate (CAGR) of 5.4%. This growth during the historic period can be credited to factors such as a rise in infectious diseases, an increased consciousness about preventive healare, the proliferation of diagnostic laboratories, heightened public health screening initiatives, and a marked increase in the elderly population.
What's the Projected Size of the Global Complete Blood Count Device Market by 2029?
The market for complete blood count devices is projected to witness robust expansion in the coming years, reaching $5.45 billion by 2029 with a compound annual growth rate of 5.9%. Factors contributing to this expected growth in the forecast period include advancements in hematology analyzer technology, application of AI and automation in diagnosis, increased intake for point-of-care testing, enhanced health care spending in emerging markets and the growing incidence of chronic illnesses. Key trends for the forecast period encompass the application of AI for interpreting results, miniaturization for point-of-care testing, ability for wireless data transmission, the creation of cartridge-based consumables, and the addition of multiplex testing features.
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Top Growth Drivers in the Complete Blood Count Device Industry: What's Accelerating the Market?
The increase in blood disorders is anticipated to drive the expansion of the complete blood count device market. Blood disorders, which interfere with the creation, function, or structure of blood cells and result in impaired blood operation, are on the rise. This increase is attributed to the escalating incidence of lifestyle diseases prompted by poor nutrition, lack of activity, and stress, which in turn cause conditions like anemia and clotting disorders. A complete blood count (CBC) device assists in blood disorder diagnosis by examining essential blood elements and spotting irregularities. This enables healare providers to efficiently detect clotting disorders and administer accurate and timely treatment. For example, the Canadian Cancer Society, a Canada-based organization, reported in May 2024 that 4,100 persons were diagnosed with multiple myeloma (a blood cancer variety), and 1,750 individuals died from the illness. Therefore, the burgeoning prevalence of blood disorders fuels the growth of the complete blood count device market.
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Which Emerging Trends Are Transforming the Complete Blood Count Device Market in 2025?
Key players in the complete blood count device market are prioritizing the creation of advanced instruments, such as compact hematology analyzers. These investments aim at delivering more precise, faster, and cost-efficient solutions for point-of-care testing. Compact hematology analyzers are conveniently portable and user-friendly, offering brisk and accurate complete blood count (CBC) outcomes with a minimal sample amount. This makes them an optimal choice for point-of-care usage, boosting diagnostic precision, efficiency, ease of use, while being cost-effective and simple to maintain. As an example, HORIBA, an analytical and measurement technology company from Japan, in June 2024, introduced the Yumizen H550E and H500E hematology analyzers. These compact appliances integrate erythrocyte sedimentation rate (ESR) testing with complete blood count (CBC) and 5-part differential (DIFF) analysis. Exclusive to HORIBA, the patented CoRA (correlated rouleaux analysis) technology is utilized in these devices to offer comprehensive results from whole blood samples in just a minute's time.
What Are the Main Segments in the Complete Blood Count Device Market?
The complete blood count device market covered in this report is segmented -
1) By Device Type: Automated Blood Count Analyzers, Manual Blood Count Analyzers, Point-Of-Care Testing Devices, Hematology Analyzers
2) By Test Type: White Blood Cell Count (WBC Or Leukocyte Count), White Blood Cell (WBC) Differential Count, Red Blood Cell Count (RBC Or Erythrocyte Count), Hematocrit (Hct), Hemoglobin (Hbg), Platelet Count, Mean Platelet Volume (MPV), Mean Corpuscular Hemoglobin (MCH), Other Test Types
3) By Technology: Impedance Technology, Laser-Based Technology, Flow Cytometry, Microscopy
4) By Distribution Channel: Direct Sales, Online Sales, Third-Party Distributors, Retail Pharmacies
5) By End-User: Hospital, Diagnostic Laboratories, Research Institutes, Other End-Users
Subsegments:
1) By Automated Blood Count Analyzers: 3-Part Differential Analyzers, 5-Part Differential Analyzers, 6-Part And Above Differential Analyzers, Integrated Hematology Systems, High-Throughput Lab Analyzers
2) By Manual Blood Count Analyzers: Hemocytometers, Microscopes For Manual Differential, Manual Cell Counters, Staining Kits And Reagents
3) By Point-of-Care Testing Devices: Portable Hematology Analyzers, Handheld Complete Blood Count (CBC) Devices, Fingerstick Blood Test Devices, Rapid Diagnostic Complete Blood Count (CBC) Kits
4) By Hematology Analyzers: Low-Volume Hematology Analyzers, Mid-Volume Hematology Analyzers, High-Volume Hematology Analyzers, Veterinary Hematology Analyzers, Reagent-Free Analyzers
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Which Top Companies are Driving Growth in the Complete Blood Count Device Market?
Major companies operating in the complete blood count device market are Abbott Laboratories, Siemens Healthineers, Mindray Medical International Limited, Beckman Coulter Inc., Bio-Rad Laboratories, Sysmex Corporation, Horiba Ltd., Nihon Kohden Corporation, Agappe Diagnostics Ltd., Trivitron Healare Pvt. Ltd., HemoCue AB, EKF Diagnostics Holdings plc, Erba Mannheim, Boule Diagnostics AB, Biosystems S.A., Diatron MI Zrt., Ajanta Export Industries, Labtron Equipment Ltd., Microlab Instruments Co. Pvt. Ltd., URIT Medical Electronic Co. Ltd.
Which Regions Will Dominate the Complete Blood Count Device Market Through 2029?
North America was the largest region in the complete blood count device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the complete blood count device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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